Airstream’s New Trailer Comes With Beds That Transform Into an Office
(Bloomberg) -- As the pandemic deepens, Airstream is steering from wealthy retirees to white-collar workers and Instagram influencers.
Today, the luxury brand owned by RV giant Thor Industries is unveiling yet another sinuous, silver towable camper — one geared for the work-from-home crowd. Two of the three beds on the so-called Flying Cloud 30FB Office will convert to desks allowing owners to sleep where they work, quite literally.
An office chair comes standard and anchors to the desk while driving. Overhead storage cabinets double as white boards and a sliding privacy divider serves as a tableau for Zoom backgrounds. The rig will also come pre-wired for WiFi, with a powerful rooftop antennae linked to an onboard battery or a bank of solar panels.
“The pandemic has permanently changed the traditional work landscape,” CEO Bob Wheeler said in a statement. “Airstream has always provided the freedom of a mobile living, playing and working space, but the Flying Cloud 30FB Office takes that promise to the next level.”
Airstream says the product strategy was largely structured on feedback from pandemic nomads. And though we may be reaching a start to the end of lockdown life, the brand is betting that many of us won't get back to a formal office anytime soon.
In August, when infection rates had fallen precipitously from their initial peak, one in four employees were still working remotely. Many companies are letting leases expire and preparing to extend work-from-home arrangements indefinitely. All of this is good news for those who sell beds on wheels — or desks for that matter.
Liberated to work from home — or anywhere else — in the past year and leery of hotels and airplanes, a crowd of Americans bought rigs for living on the road. Even though factories were shuttered for weeks in the spring, U.S. RV makers shipped almost 431,000 vehicles last year, a 6% increase over 2019, according to the RV Industry Association. What's more, the trade group expects the momentum to continue, forecasting another 20% increase in shipments this year, which would be near an all-time peak.
Towable campers like those riveted together by Airstream were the most popular product in the segment and the brand has struggled to keep up. Last year, as Airstream sales surged 22%, its shipments slumped by 13% because of a six-week factory shutdown, Wheeler said. Dealerships that typically have 40 trailers on the lot are now down to six or seven. Almost half of its recent customers were first-time RV buyers.
Buoyed by Airstream, shares of Thor Industries have more than tripled since a nadir in March. The new brand's newest rig, however, will likely be a stretch for all but the most financially secure digital nomads. The price starts at $107,500 before features like solar panels. And at almost 6,800 pounds, the camper will require something much stronger than a Subaru to pull it around the country.
©2021 Bloomberg L.P.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.